DIFC definition

DIFC means the Dubai International Financial Centre; “Dispute” has the meaning given to it in Condition 19(b); “Dissolution Date” means, as the case may be,

Examples of DIFC in a sentence

  • Dubai Health Authority will share the medical test result with the DIFC.

  • Medical fitness test will be scheduled at Smart Salem Medical Centre located at level 1, Index Tower, DIFC, for express applications• Emirates ID registration and visa stamping will be processed once medical fitness result is issued by Dubai Health Authority.

  • Select the employee, fill the required information and submit.• An e-mail and SMS notification from DIFC Government Services Office will be sent once the Employee Card is ready for collection/delivery.

  • Fill the Service request with accurate information and submit after uploading required documents.• An e-mail and SMS notification from DIFC Government Services Office will be sent with the link to download the online visit visa from the portal.

  • The contract is to be between the company in DIFC and the employee which must be in compliance with DIFC employment Law.


More Definitions of DIFC

DIFC means the Dubai International Financial Centre, Dubai, UAE; "Director" or "director" means a director of the Company; "dividend" includes any distribution whether in cash or in specie;
DIFC means the Dubai International Financial Centre; “Employee” means a person employed by the Employer who is the subject of a Sponsorship; “Employer” means an entity operating in the DIFC that is in possession of a valid licence; “Employee Allocation” means the maximum number of Employees which an Employer is permitted to employ in the DIFC based on the Employer’s permitted activities and area rented or owned in the DIFC, as prescribed by DIFCA from time to time and published on its website. “Employment Contract” means the written employment contract signed by and between the Employer and the Employee in accordance with the Employment Law; “Employment Law” means the Employment Law, DIFC Law No. 2 of 2019 and its amendments; Any personal data provided by you will be used, recorded and processed by us in accordance with the relevant statutory basis including the Data protection law 2007, We do not disclose any information you provide to any third parties or other government authorities except where (i) such disclosures are necessary to fulfill our obligations to you in which case we will require such third parties to agree to treat it in accordance with thus policy; (ii) required by applicable laws, courts orders, or government regulations (for example to prevent or detect crime); (iii)you give us permission to do so, please see the Data Protection law 2007 for a full account of your rights relating to data protection.
DIFC. General Investing” means the Dubai International Financial Centre; means an investment approach that is generic in nature, and may not relate or conform to a certain specific class of Investments, theme, industry or sector;
DIFC the Dubai International Financial Center.
DIFC means the Dubai International Financial Centre; "Initial Settled means, in relation to: Amount" (a) a Conversion - the sum of money that results from the Conversion based on rate of exchange provided to us by a third party provider on a real-time basis at the time the Conversion was executed; or (b) a Transaction - the sum of money used for the execution of the Transaction based on the price(s) of the relevant Investment(s) reflected by a third party provider on a real-time basis at the time the Transaction was executed. "Instructions" means any communication, instruction, order, message data or information received by us through or pursuant to the Platform or otherwise referable to your Access Methods, and any information delivered to us offline by any methods as we may agree; "Intermediary" nominee, agent, broker, custodian, fund manager, market-maker, exchange and/or other third party; "Investment has the meaning ascribed to it in clause 4.1 of this Experience and Agreement; Needs Analysis" "Investment has the meaning ascribed to it in clause 6.1 of this Strategy" Agreement; "Investments" means any securities, or other financial instruments or products which we may purchase or sell on your behalf;
DIFC means the Dubai International Financial Centre; “Employee” means a person employed by the Employer who is the subject of a Sponsorship; “Employer” means an entity operating in the DIFC that is in possession of a valid licence; “Employee Allocation” means the maximum number of Employees which an Employer is permitted to employ in the DIFC based on the Employer’s permitted activities and area rented or owned in the DIFC, as prescribed by DIFCA from time to time and published on its website. “Employment Contract” means the written employment contract signed by and between the Employer and the Employee in accordance with the Employment Law; “Employment Law” means the Employment Law, DIFC Law No. 4 of 2005; “Fees” means the fees charged by DIFC in consideration for the provision of the Sponsorship, such Fees being subject to alteration at the sole discretion of the DIFC; “Guarantee” means a refundable, unconditional and absolute bank guarantee issued by a bank licensed and operating in the United Arab Emirates in favour of the Dubai International Financial Centre Authority, or the provision of a refundable cash deposit by the Employer to DIFCA; “GCC National” means a national of the GCC states belong to the countries which are members of the Gulf Cooperation Council; “Immigration Law” means the Immigration Law, Federal Law No.6 of 1973, as amended from time to time; “Licence” means the commercial license issued by the DIFC Registrar of Companies allowing The Employer to undertake commercial activities within the DIFC jurisdiction; “Sponsorship” means the sponsorship of Employees by DIFC in accordance with the Immigration Law and the Employment Law for the purposes of residence and employment in the DIFC; “UAE” means the United Arab Emirates; Unless the context otherwise requires, in this Agreement: (a) references to any statute or statutory provision shall include any statute or statutory provision which amends or replaces or has amended or replaced it and shall include any subordinate legislation made under the relevant statute; (b) words denoting the singular number shall include the plural and vice versa and reference to the masculine gender includes a reference to the feminine gender and neuter and vice versa; (c) references to sections, clauses and sub-clauses are to be construed as references to the sections, clauses and sub-clauses of this Agreement; (d) costs charges expenses or remuneration shall be deemed to include, in addition, references to any val...
DIFC means the Dubai International Financial Centre; "Dispute" has the meaning given in Condition 23.2 (Arbitration); "Dissolution Amount" means, as appropriate, the: